“The net result will be more resources going to the children and communities we serve around the world,” said the statement from the charity, which was founded in 1950 and is working in nearly 100 countries.

A small number of jobs in “key investment areas” are being added, Colin said.

She said laid-off employees will be provided severance packages and help in job searches. World Vision has 1,104 full-time and part-time employees.